Tata Motors Ltd is on track to complete its proposed acquisition of Iveco Group by the second quarter of FY27, subject to regulatory approvals. The combined revenues of Tata Motors and Iveco Group are expected to grow to $35-40 billion over the next five years.
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The Indian government’s efforts to boost dollar inflows have led to a surge in foreign lending, with the India Infrastructure Finance Company (IIFCL) planning to borrow $1 billion from overseas investors. The company is also exploring a separate $400 million funding from the Asian Development Bank (ADB) for a 20-year loan.
Renowned entrepreneur Kiran Mazumdar-Shaw envisions a greener Bengaluru with improved infrastructure and urban planning. Can the city transform from a ‘garbage city’ to a ‘garden city’ with lush greenery and a cleaner environment?
Embassy Developments is investing Rs 1,500 cr in a massive 3 million sq ft office space project in Bengaluru, driving growth in the Indian real estate market. The company will focus on building office assets for rental income while maintaining its residential presence.
The Indian stock market witnessed a modest gain last week, with the BSE Sensex and NSE Nifty climbing 0.38% and 0.17% respectively. The market valuation of six top-10 most valued firms in India saw a significant increase, with a combined gain of Rs 88,678 crore. ICICI Bank was the biggest winner, with a market valuation jump of Rs 29,588.75 crore.
State Bank of India (SBI) has reached a settlement with the Telangana government over a long-standing land dispute in Raidurgam, Hyderabad. The bank will withdraw its case and accept an alternative site allocation, paving the way for future collaborations.
Industry experts emphasize the need for Indian MSMEs to innovate and scale up to build globally competitive businesses. By investing in digital technologies, automation, and energy-efficient solutions, MSMEs can improve productivity and operational visibility, and tap into global opportunities.
Global technology companies are increasingly turning to strategic investments to strengthen their presence in India’s fast-growing startup ecosystem. Meta’s investment in Cred reinforces this trend, allowing tech giants to gain early access to innovation, talent, and intellectual property while avoiding the cost and complexity of acquisitions.
Persistent Systems is set to acquire Nagarro, a German digital engineering company, in a $2.9 billion deal. The acquisition will create a global AI-led digital engineering powerhouse with a strong presence in North America, Europe, and India.
